moonlightparis8110 moonlightparis8110
  • 28-12-2023
  • Business
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During 2015, its first year of operations, Neko's Bakery had revenues of $60,000 and expenses of $35,000. The business paid dividends of $20,000. What is the amount of stockholders' equity at December 31, 2015?
1) $0
2) $5,000 credit
3) $25,000 credit
4) $20,000 debit

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